Global Payment Technologies Inc - Amended Annual Report (10-K/A)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-K/A
(Amendment No. 1)

(Mark One)

|X| ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

For the fiscal year ended September 30, 2007
or
|_| TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For Transition period ______________________________

Commission File Number 0-25148

Global Payment Technologies, Inc.
(Exact name of registrant as specified in its charter)

 Delaware 11-2974651
------------------------------- ---------------------
(State or other jurisdiction of (I.R.S. Employer
 incorporation or organization) Identification No.)


170 Wilbur Place, Bohemia, New York 11716
------------------------------------ ---------------------
 (Address of principal offices) (Zip Code)


 Registrant's telephone number, including area code: 631-563-2500

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act:

Common Stock, par value $.01 per share
(Tile of Class)

Indicate by check mark if the registrant is a well-known seasoned issuer,
as defined in Rule 405 of the Securities Act. Yes |_| No |X|

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act. Yes |_| No |X|

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes: |X| No:|_|

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. |X|

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of "accelerated filer and large accelerated filer" in Rule 12b-2 of the Exchange Act. (Check One):

Large accelerated filer |_| Accelerated Filer|_| Non-accelerated filer |X|

Indicate by check mark whether the registrant is shell company (as defined in rule 12b-2 of the Act). Yes |_| No |X|

The aggregate market value of the Common Stock of the registrant held by non-affiliates of the registrant, based on the average bid and asked prices on March 31, 2007, was approximately $6,450,225.

As of December 31, 2007, the registrant had a total of 6,497,185 shares of Common Stock outstanding.

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the Company's Proxy Statement for its 2008 Annual Meeting are incorporated by reference into Part III of this Report.

EXPLANATORY NOTE

Global Payment Technologies, Inc. (the "Company") is filing this Amendment No. 1 (this "Amendment No. 1") to its Annual Report on Form 10-K for the fiscal year ended September 30, 2007, originally filed with the Securities and Exchange Commission on January 23, 2008 (the "Original Filing"), for the purpose of amending the Officer Certifications filed as Exhibits 31.1 and 32. The Officer Certification filed as Exhibit 31.1 in the Original Filing inadvertently identified the certifying officer as the Principal Executive Officer instead of the Principal Executive and Financial Officer and contained typographical errors. The Officer Certification filed as Exhibit 32 in the Original Filing inadvertently identified the Form 10-K for the year ended September 30, 2008 instead of the Form 10-K for the year ended September 30, 2007 and was included in Exhibit 31.1. The Company is filing as exhibits to this Amendment No. 1 the certifications under Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. Except for the amendments described above, this Amendment No. 1 does not modify or update the disclosures, in, or exhibits to, the Original Filing.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: January 25, 2008

GLOBAL PAYMENT TECHNOLOGIES, INC.

By: /s/ William McMahon
 -------------------------------------
Name: William McMahon
Title: President, Chief Executive Officer
 and Chief Financial Officer

Global Payment Technolog... (CE) (USOTC:GPTX)
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